7 11.11 points Macee Store has three operating departments, and it conducts advertising that benefits all departments. Advertising costs are $110,000. Sales for its operating departments follow. Department 1 2 3 Sales $ 276,000 432,400 211,600 How much advertising cost is allocated to each operating department if the allocation is based on departmental sales? Note: Do not round your intermediate calculations. Department Sales Percent of Total Cost Allocated 1 % 2 % 3 % Total %

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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7
11.11
points
Macee Store has three operating departments, and it conducts advertising that benefits all departments. Advertising costs are
$110,000. Sales for its operating departments follow.
Department
1
2
3
Sales
$ 276,000
432,400
211,600
How much advertising cost is allocated to each operating department if the allocation is based on departmental sales?
Note: Do not round your intermediate calculations.
Department
Sales
Percent of Total
Cost Allocated
1
%
2
%
3
%
Total
%
Transcribed Image Text:7 11.11 points Macee Store has three operating departments, and it conducts advertising that benefits all departments. Advertising costs are $110,000. Sales for its operating departments follow. Department 1 2 3 Sales $ 276,000 432,400 211,600 How much advertising cost is allocated to each operating department if the allocation is based on departmental sales? Note: Do not round your intermediate calculations. Department Sales Percent of Total Cost Allocated 1 % 2 % 3 % Total %
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